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Hi guys,I finally have my first rental property under contract. As long as the inspection goes good on Monday I will have my first rental property. I'm so excited.Questions:1. When should I start setting up LLC to put...
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Hello everyone,
I have a few questions about double closings, who is actually paying the closing costs for both closings? When I get the buyer do I then contact the title agency and tell them i need a double closing?...
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Let’s say a realtor drove the seller to the closing just to bust you as a wholesaler. Let’s say the realtor highlights the assignment fee on the HUD and now your $40,000 check isn’t there. And now the realtor has plan...
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Can you fine folks recommend a good institution to get a HELOC? I've done some research already around Comerica, Alliant CU, Stanford CU, BofA, and Wells Fargo. Seems to me that the trade off is higher rate or highe...
We want to identify 8 properties.
1. If one property falls through is the whole exchange lost or just the one property's value gets subtracted from total value of property accumulated and liable for capital gains ta...
Hi I was looking at on market deals in my area. I understand when we do off market deals and FSBO deals usually closing costs are paid by the buyers which is a selling point when negotiating with sellers. But when it’...
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I have a seller finance deal in contract that I want to assign, I have an end buyer that is asking how much my assignment fee will be. Do you disclose assignment fees on a seller finance deal?
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Can you roll your cash out refinance closing costs into your new loan? So say i bought a house for $200k, payed it off to $130k. And i got and refinance it to the new amount of let’s say $250k. That’s $100k-ish i can ...
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Hey Everyone!I'm looking at short term financing options for a BRRR deal in New Bedford, Massachusetts. I cam across Finance of America Commercial and spoke with a representative who sent me over an application packet...
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A good Title Company is essential in a back to back closing. It’s also important that you as the investor thoroughly understand the process, can read and figure out a HUD, understand the requirements of an approval...